Acta Oeconomica
Volume/Issue:
Volume 64: Issue 3
Regional economic growth in Hungary 1998–2005: What does really matter in clusters?
Authors:
Balázs Lengyel Hungarian Academy of Sciences (MTA KRTK KTI) and International Business School Centre for Economic and Regional Studies Budapest Hungary

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and
Izabella Szakálné Kanó University of Szeged Faculty of Economics and Business Administration Szeged Hungary

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Pages:
257–285
Online Publication Date:
29 Oct 2014
Publication Date:
01 Sep 2014
Article Category:
Journal Article
DOI:
https://doi.org/10.1556/aoecon.64.2014.3.1
Keywords (English):
agglomeration economies; industry clusters; foreign direct investment; regional productivity growth; regional employment growth; Hungary; J61; L16; O18; O47; P25; R11
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Although industry clusters are major targets of regional economic development in less developed regions as well, we still need a deeper understanding of how the spatial clustering of firms generates dynamics in lagging regions. These latter environments may differ from the typical cluster policy examples that are usually specialised global centres of dynamically growing industries. Using census-type data of Hungarian firms, we test the effect of major cluster indicators — regional specialisation and spatial concentration of industries — and the impact of FDI on regional productivity and employment growth in Hungary. Our results suggest that regional specialisation does not affect regional growth, while the spatial concentration of industries is found to influence productivity and employment growth with an overwhelmingly negative effect. Furthermore, regional employment growth is associated negatively with the initial level of regional specialisation. Results suggest that Hungary has evolved into a dual economy in which previously specialised regions and geographically concentrated industries have lost their pace, while the main factor that favoured regional economic growth was the presence of large foreign companies. Therefore, economic policies fostering regional specialisation and the spatial concentration of industries — such as cluster policy — may have minor effects unless the interaction of foreign-owned and domestic companies is encouraged.

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Cover Acta Oeconomica
Acta Oeconomica Periodical of the Hungarian Academy of Sciences
Print ISSN:
0001-6373
Online ISSN:
1588-2659
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Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Beáta Farkas / Faculty of Economics and Business Administration, University of Szeged
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders, Institute of International Economics, Washington (USA)
  • Kolodko, Grzegorz, Kozminski University, Warsaw (Poland)
  • Mau, Vladimir, Academy of National Economy (Russia)
  • Messerlin, Patrick A, Groupe d’Economie Mondiale (France)
  • Saul Estrin, London School of Economics (UK)
  • Wagener, Hans-Jürgen, Europa Universität Viadrina (Germany)

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: vanyai.judit@krtk.hu  

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2022  
Web of Science  
Total Cites
WoS		 314
Journal Impact Factor 0.8
Rank by Impact Factor

Economics 334/380
TBA
Impact Factor
without
Journal Self Cites		 0.6
5 Year
Impact Factor		 0.8
Journal Citation Indicator 0.29
Rank by Journal Citation Indicator

Economics 421/581

 
Scimago  
Scimago
H-index		 18
Scimago
Journal Rank		 0.23
Scimago Quartile Score

Economics and Econometrics Q3
Scopus  
Scopus
Cite Score		 1.1
Scopus
CIte Score Rank		 Economics and Econometrics 521/705 (26th PCTL)
TBA
Scopus
SNIP		 0.540

2021  
Web of Science  
Total Cites
WoS		 285
Journal Impact Factor 0,939
Rank by Impact Factor Economics 326/379
Impact Factor
without
Journal Self Cites		 0,646
5 Year
Impact Factor		 0,740
Journal Citation Indicator 0,34
Rank by Journal Citation Indicator Economics 389/570
Scimago  
Scimago
H-index		 15
Scimago
Journal Rank		 0,285
Scimago Quartile Score Economics and Econometrics (Q3)
Scopus  
Scopus
Cite Score		 1,4
Scopus
CIte Score Rank		 Economics and Econometrics 436/696 (Q3)
Scopus
SNIP		 0,507

2020  
Total Cites 275
WoS
Journal
Impact Factor		 0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
submission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS		 212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites		 0,728
5 Year
Impact Factor		 0,650
Immediacy
Index		 0,156
Citable
Items		 45
Total
Articles		 45
Total
Reviews		 0
Cited
Half-Life		 3,9
Citing
Half-Life		 9,5
Eigenfactor
Score		 0,00015
Article Influence
Score		 0,052
% Articles
in
Citable Items		 100,00
Normalized
Eigenfactor		 0,01891
Average
IF
Percentile		 28,437
Scimago
H-index		 12
Scimago
Journal Rank		 0,439
Scopus
Scite Score		 214/165=1,3
Scopus
Scite Score Rank		 Economics and Econometrics 355/637 (Q3)
Scopus
SNIP		 0,989

 

Acta Oeconomica
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Acta Oeconomica
Language English
Size B5
Year of
Foundation		 1966
Volumes
per Year		 1
Issues
per Year		 4
Founder Magyar Tudományos Akadémia
Founder's
Address		 H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address		 H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher		 Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)

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